1250 Boston Post RdGuilford, CT 06437

Property Details for 1250 Boston Post Rd

Year built

1978

Construction

FRAME

Lot size

1.45 AC

Property size (Sq ft)

26,937 SF

Zone code

C-3

Property type

Investment properties

Property subtype

Live-work space

APN

GUIL M:045027A

APU

GUILM045027A

Description

This exceptional retail or office opportunity is located within The Shops at Strawberry Hill, a three-building neighborhood shopping center situated at 1250-1310 Boston Post Road in Guilford, Connecticut. The property boasts a total of 26,937 square feet across three buildings, each two stories high, constructed in 1978 and classified as Class B. Units range from a minimum of 700 square feet to a maximum contiguous space of 720 square feet, making it ideal for a variety of businesses. The center sits on 1.45 acres of land and is zoned C-3. Benefit from high visibility and accessibility, with a signalized intersection from Route 1 providing access to the plaza. Experience significant daily traffic exceeding 12,400 vehicles. The lease rate is $16.00 per square foot gross, plus utilities. This is a fantastic opportunity to establish or expand your business in a thriving Guilford location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,453,490

  6.5%

  $4,110,914

  7%

  $3,817,278

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,519,588

  Geo Method

  $3,519,588

• Alternative Use

  Use

  Valuation

  Residential

  $5,097,534

  Hospitality

  $4,669,314

  Educational

  $3,884,814

  Medical

  $4,018,419

  Retail

  $6,043,044

Location Insight

City

Guilford

County

New Haven

State

Connecticut

Latitude

41.2879

Longitude

-72.6925

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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